The seemingly never ending battle between MTN and Nigeria’s telecoms regulator, has taken yet another twist. Initially slammed with a record $5.1 billion fine in October, which was later reduced to $3.9 billion, MTN now says it will challenge the fine in court.
The latest twist caps what has been a whirlwind few weeks for MTN, Africa’s largest communications network. First came the announcement of the fine in October as the company was penalized for failing to disconnect as many as 5.1 million unregistered SIM cards. In 2011, Nigeria’s regulatory authorities instructed network operators to register all their SIM cards in an attempt to reduce fraud.